New Zealand-headquartered satellite/pay TV company Sky Television has appointed Martin Stewart as its chief executive officer.
Stewart (pictured) has been CEO of Middle Eastern pay TV network OSN since 2016. He will be replaced by Patrick Tillieux at OSN.
Previously he served as director general of ONO, a Spanish broadband communication and entertainment company, CFO of British multinational music company EMI, and CFO of UK-headquartered BSkyB (now Sky, and a separate company from Sky Television) when it first launched its digital platform in 1998, until 2005.
He also has experience in the world of broadcast sports, having served as CFO of the Football Association, having sat on the board of the London Organizing Committee for the Olympic and Paralympic Games for seven years and having played a key role in successful Premier League and UEFA broadcast renewals on behalf of Sky UK.
Stewart was named to the role as current CEO John Fellet prepares to retire. He will assume the position on Feb. 21, 2019.
“I am excited at the opportunity to lead Sky as it continues its transformation from a traditional television broadcaster to a multi-platform entertainment business”, said Stewart, in a statement. “Sky is in a good place to take advantage of the opportunities that increased internet connectivity is offering, while retaining its important strategic position of being able to deliver content, particularly live sport, to 100% of the country.”
“We are delighted to be appointing a CEO of Martin’s caliber and international experience. We conducted an extensive global search for the right person to lead SKY, and had a strong field of candidates to select from,” added Sky Television chairman Peter Macourt. “Martin’s experience, his leadership skills and his strong understanding of the opportunities and challenges of our sector made him a stand-out choice.”
In August of this year, Sky Television reported a loss of 57,000 subscribers in its last fiscal year, with its annual profit at that time increasing to NZ$119 million.
(With files from Barry Walsh)